REED, GRADY

Operated by CHOLLA PETROLEUM, INC. (P-5 150683) in the BELCHERVILLE, SOUTH (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4340District 09Field 06838333OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – Nov 2016
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
287
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 4 leases and 7 wells, and the rule below applies to all of them.

Discovered
1952-01-06
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition43,780 bbl$1,866,023
Casinghead gasProduction40 Mcf$0
Total$1,866,023

40 Mcf of this lease's gas, across 40 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.7874, -97.8050. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.78741, -97.80499 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,379 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 5,379 ft.

Plug dates filed
Aug 2016
1 of 1 wells

1 well

42-3378148715,379 ftAug 2016Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (287)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

287 months

Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016180041.622.92$7,492
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015187043.552.43$8,144
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015187049.822.71$9,316
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014186096.564.18$17,960
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014191095.895.06$18,315
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131850104.113.72$19,260
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013182094.403.93$17,181
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013187091.233.42$17,060
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012186086.953.62$16,173
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012185092.662.91$17,142
Jul 20120085.133.02$0
Jun 2012184079.822.52$14,687
May 20120091.612.49$0
Apr 20121870101.652.00$19,009
Mar 201200105.052.22$0
Feb 20121910101.102.57$19,310
Jan 20120098.092.73$0
Dec 2011186096.873.24$18,018
Nov 20110095.723.31$0
Oct 2011182084.983.65$15,466
Sep 2011185083.623.99$15,470
Aug 2011184083.404.15$15,346
Jul 2011184094.144.52$17,322
Jun 2011185092.904.64$17,187
May 20110098.134.40$0
Apr 20111850105.964.33$19,603
Mar 2011185096.364.06$17,827
Feb 2011188085.644.18$16,100
Jan 2011187086.504.59$16,176
Dec 20100085.734.35$0
Nov 2010185080.843.80$14,955
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010184073.684.42$13,557
Jul 2010185072.554.74$13,422
Jun 2010185070.364.91$13,017
May 2010188071.124.24$13,371
Apr 20100081.694.12$0
Mar 2010186078.394.39$14,581
Feb 2010188073.585.44$13,833
Jan 2010187074.365.96$13,905
Dec 2009189071.445.48$13,502
Nov 2009188074.593.75$14,023
Oct 20090072.544.11$0
Sep 2009189065.543.06$12,387
Aug 2009186067.423.22$12,540
Jul 2009179061.133.46$10,942
Jun 20090066.163.90$0
May 2009186054.743.93$10,182
Apr 2009183046.773.59$8,559
Mar 2009186042.144.06$7,838
Feb 2009186032.814.63$6,103
Jan 20090035.865.37$0
Dec 2008180037.105.98$6,678
Nov 2008187055.496.86$10,377
Oct 2008188075.246.92$14,145
Sep 20081840101.767.88$18,724
Aug 200800114.228.48$0
Jul 20081350131.0811.39$17,696
Jun 20081830131.3313.03$24,033
May 20081860123.1711.57$22,910
Apr 20081850110.3110.45$20,407
Mar 20081890101.909.66$19,259
Feb 2008187092.538.77$17,303
Jan 20080090.388.21$0
Dec 2007186088.337.30$16,429
Nov 2007186091.677.29$17,051
Oct 2007188082.856.92$15,576
Sep 2007186075.846.24$14,106
Aug 2007183069.066.39$12,638
Jul 2007370070.906.39$26,233
Jun 2007176062.007.55$10,912
May 2007187058.747.85$10,984
Apr 2007186059.617.81$11,087
Mar 2007185056.927.30$10,530
Feb 20070055.108.22$0
Jan 2007374050.306.73$18,812
Dec 2006347056.656.92$19,658
Nov 20060054.207.62$0
Oct 2006368054.906.01$20,203
Sep 2006197060.085.04$11,836
Aug 2006183068.717.34$12,574
Jul 2006367069.376.34$25,459
Jun 2006198066.286.38$13,123
May 2006185066.016.42$12,212
Apr 2006186064.397.36$11,977
Mar 2006360056.707.08$20,412
Feb 2006182057.597.75$10,481
Jan 2006373060.598.93$22,600
Dec 2005189054.9413.42$10,384
Nov 2005187054.6910.59$10,227
Oct 2005372058.3413.80$21,702
Sep 2005183061.4512.08$11,245
Aug 2005363061.519.80$22,328
Jul 2005179055.697.84$9,969
Jun 2005181052.337.38$9,472
May 2005365045.226.65$16,505
Apr 2005367049.207.36$18,056
Mar 2005370050.377.15$18,637
Feb 2005187045.226.31$8,456
Jan 2005372043.166.32$16,056
Dec 2004374039.866.75$14,908
Nov 2004374045.286.33$16,935
Oct 2004364049.706.52$18,091
Sep 2004365043.245.28$15,783
Aug 2004366042.375.55$15,507
Jul 2004541038.286.08$20,709
Jun 2004372036.106.43$13,429
May 2004184037.486.49$6,896
Apr 2004558034.475.86$19,234
Mar 2004370034.365.53$12,713
Feb 2004378032.455.51$12,266
Jan 2004554032.036.30$17,745
Dec 2003372030.266.30$11,257
Nov 2003362028.804.60$10,426
Oct 2003374028.174.76$10,536
Sep 2003557026.314.75$14,655
Aug 2003183029.765.13$5,446
Jul 2003355029.415.17$10,441
Jun 2003365028.565.98$10,424
May 2003185026.595.97$4,919
Apr 2003186026.675.41$4,961
Mar 2003184031.146.10$5,730
Feb 2003182033.487.93$6,093
Jan 2003185030.315.58$5,607
Dec 2002186026.914.85$5,005
Nov 2002185024.664.14$4,562
Oct 2002175026.464.23$4,631
Sep 2002180027.443.64$4,939
Aug 2002183025.963.16$4,751
Jul 20020024.583.06$0
Jun 2002184023.733.34$4,366
May 20020024.663.58$0
Apr 2002179023.653.51$4,233
Mar 2002183022.003.10$4,026
Feb 20020018.222.38$0
Jan 2002188017.172.38$3,228
Dec 2001187016.932.36$3,166
Nov 20010018.072.41$0
Oct 2001184019.782.53$3,640
Sep 2001179024.262.25$4,343
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001184025.524.31$4,696
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000181028.534.09$5,164
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000188028.422.86$5,343
Feb 20000027.622.73$0
Jan 2000189025.272.48$4,776
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999148021.752.62$3,219
Aug 1999179019.262.88$3,448
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 1999185015.792.32$2,921
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199918509.981.82$1,846
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199848010.892.19$523
Oct 19980012.421.97$0
Sep 1998184012.592.08$2,317
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998168012.622.21$2,120
Apr 19980013.042.51$0
Mar 1998176012.802.31$2,253
Feb 1998189013.952.30$2,637
Jan 19980014.702.15$0
Dec 1997190016.322.41$3,101
Nov 19970018.193.09$0
Oct 1997188019.253.15$3,619
Sep 1997182017.742.95$3,229
Aug 19970017.862.55$0
Jul 1997172017.582.25$3,024
Jun 1997187017.242.26$3,224
May 1997183018.972.31$3,472
Apr 1997184017.882.08$3,290
Mar 1997187018.951.94$3,544
Feb 1997183020.492.21$3,750
Jan 1997180023.483.54$4,226
Dec 19960023.32$0
Nov 1996173021.97$3,801
Oct 1996188023.31$4,382
Sep 1996188022.22$4,177
Aug 1996186020.26$3,768
Jul 1996185019.55$3,617
Jun 1996186018.73$3,484
May 1996189019.43$3,672
Apr 1996188121.51$4,044
Mar 1996190119.38$3,682
Feb 1996188116.98$3,192
Jan 1996189117.07$3,226
Dec 1995191117.19$3,283
Nov 1995189116.00$3,024
Oct 1995188115.43$2,901
Sep 1995185116.18$2,993
Aug 1995185115.92$2,945
Jul 1995186115.24$2,835
Jun 1995185116.41$3,036
May 1995187117.56$3,284
Apr 1995379117.73$6,720
Mar 1995189116.44$3,107
Feb 1995191116.58$3,167
Jan 1995379115.92$6,034
Dec 1994188115.03$2,826
Nov 1994188115.90$2,989
Oct 1994374115.58$5,827
Sep 1994181115.29$2,767
Aug 1994303116.13$4,887
Jul 1994373117.56$6,550
Jun 1994184117.09$3,145
May 1994187115.88$2,970
Apr 1994376114.14$5,317
Mar 1994376112.46$4,685
Feb 1994187112.50$2,338
Jan 1994380112.66$4,811
Dec 1993188112.33$2,318
Nov 1993190114.49$2,753
Oct 1993375115.85$5,944
Sep 1993372115.03$5,591
Aug 1993185115.66$2,897
Jul 1993184115.46$2,845
Jun 1993186116.79$3,123
May 1993378117.68$6,683
Apr 1993370118.05$6,679
Mar 1993187118.14$3,392
Feb 1993380117.90$6,802
Jan 1993380116.93$6,433

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jul 2016 — as filed, then multipliedworked
Oil                  180 bbl  × $ 41.62 =     $7,492
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $7,492

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/O/4340 is the state's own key, not one this site invented.